All the headlines from our Errors Omissions Topic Page, ordered by recency.
Aug 7 2015 // Allied World North America has introduced an enhanced professional risk-transfer organization (PRO) professional liability product. The product offers greater flexibility and a more responsive design, enabling clients to...
Aug 3 2015 // Once upon a time a doctor on Main Street USA made the same diagnosis and prescribed the same solution for every patient. This was a long time before WebMD or even Marcus Welby, MD. Patients had to weigh their two options...
Jul 29 2015 // Berkshire Hathaway Specialty Insurance (BHSI) today launched Professional First Bankers Professional Liability Insurance in the U.S., adding to its executive and professional liability products for financial...
Jul 6 2015 // Typically, there’s not much warning when a disaster strikes. No one knows the “when,” “where” and “how severe” of the next big weather event. Yet catastrophes include more than...
Jul 6 2015 // This is the age of big data. The concept is to collect all kinds of data and then use various statistical techniques, usually some sophisticated form of regression analysis, to identify correlations between the data,...
Jun 24 2015 // Berkshire Hathaway Specialty Insurance (BHSI) has introduced Professional First Insurance Company Professional Liability Insurance, which provides customizable coverage for U.S. insurance companies, their executives and...
Jun 18 2015 // Insurance broker Willis North America announced a series of senior appointments to its FINEX (financial and executive risk) Cyber/Errors and Omissions practice.Adeola Adele has been appointed executive vice president and...
May 4 2015 // The Norman-Spencer Agency, Inc. has made several enhancements to its Real Estate E&O program as well as added states where it is available.Enhancements include new policy features that provide discrimination defense...
May 4 2015 // Did you ever see the movie about the famous ballplayer that did not follow the playbook? How by doing whatever he wanted regardless of the play called, he succeeded and all his teammates were happy? What an inspiring story...
May 4 2015 // Although most agencies insure at least one restaurant or tavern, this shouldn’t suggest that they are easy accounts to write. Errors and omissions (E&O) carriers will readily admit that writing this class of...
Apr 16 2015 // Due in part to reduced catastrophe losses and the increased supply of capital, property/casualty insurance buyers can expect to face friendly market conditions on most lines of business for the remainder of 2015.But...
Apr 6 2015 // Education of your agency’s clients will likely happen at one point or another. Ideally, it will happen proactively through a series of account reviews, newsletters and other learning opportunities. The other option...
Apr 1 2015 // CGSC North America has launched STATPro Underwriters, a managing general agency serving the Miscellaneous Professional Liability insurance marketSTATPro provides underwriting exclusively via Swett & Crawford wholesale...
Mar 23 2015 // While most agents are aware that mergers and acquisitions are hot topics in the world of insurance agencies, insurance is not the only segment of our industry affected. In many communities, hospitals, accounting firms,...
Feb 23 2015 // As spring approaches, agencies may have some opportunities to secure commercial accounts dealing with watercraft business. These accounts, typically classified as marinas, boat yards or boat moorage, offer a multitude of...
Feb 20 2015 // Bruce Simmons Business Risk Partners, a program administrator in specialty insurance, has hired Bruce Simmons as errors and omissions (E&O) manager for miscellaneous professional liability (MPL) and cyber liability...
Feb 19 2015 // Integro Ltd. has acquired E&O Professional Risk Management and Insurance Services Inc. of Mission Viejo, Calif.Terms of the deal were not disclosed. E&O Pros founder and CEO Sheri Pontolillo will lead the E&O...
Feb 9 2015 // In today’s digital world of constant communication through methods like email, texting and social media, consumers expect 24/7 access to everyone, including their insurance agent. And while this access can increase...
Feb 4 2015 // CapSpecialty has launched CapSpecialty TechMediaCyber (CapTMC), a new professional liability errors & omissions product issued by Capitol Specialty Insurance Corp. that includes cyber protection and offers data privacy...
Jan 26 2015 // Regardless of whether the market is hard or soft, for agencies to be successful will typically require that they have an active, ongoing relationship with at least a couple of excess and surplus lines (E&S)...